Posteo

I think this is yet another reason $SOL looks crazily undervalued around $78. $HYPE currently has a higher FDV than $SOL . Now look at this again. Hyperliquid is an entire L1, yet 4 individual apps built mainly on Solana are doing more 24h revenue than it. Of course, one day of revenue doesn’t decide what a chain should be worth. But if apps sitting on top of Solana can build businesses doing numbers like this while SOL itself has a lower FDV than HYPE, then I genuinely think the market is undervaluing SOL here.